Categories: Business

Banque Saudi Fransi sells $700m in dollar-dominated five-year bonds


Thu, 2022-11-17 16:05

RIYADH: Tadawul-listed Banque Saudi Fransi has sold $700 million in five-year dollar-dominated bonds following the completion of the offering process on Thursday, a bourse filing revealed.  

The offering for the first public dollar bonds out of the Gulf in almost a month commenced on Nov.16 and the settlement of the note’s issuance will take place on Nov. 23. 

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